Board of Directors

Pieter Uys

Chairperson

Pieter joined Vodacom in 1993 to lead the development of the company’s industry-leading network. In 2001, he was appointed as MD of Vodacom South Africa. He became the COO of Vodacom Group in 2004 and led the rollout of 3G services across the Group. Pieter was appointed Vodacom Group CE in 2008 and went on to lead the Group’s debut listing on the JSE, achieving a shareholder return of 96% since listing.

Thinus Mulder

Executive Director and Chief Executive Officer

Thinus obtained a BCom Accounting Honours degree and a Certificate in the Theory of Accounting from the University of Pretoria in 1989. After qualifying as a Chartered Accountant at PricewaterhouseCoopers in 1992, Thinus has held various top positions with SARS, Standard Bank, and the JSE-listed AST Group, where he was the Financial Director. In 2005, he joined the Imperial Group as Financial Director of the Lindsay Saker Group and became Managing Director two years later. He was also a member of the main board of the Imperial Motor Division and served on a number of Audit Committees in the Imperial Group, including the Regent Insurance Group. He joined DFA in 2008.

Cilliers Steyn

Executive Director and Chief Financial Officer

As Chief Financial Officer, Cilliers plays a key role in developing and implementing DFA’s financial strategy, analysis, and forecasting. He is also responsible for overseeing internal control systems to manage financial risk and leads DFA’s merger and acquisition activities. Cilliers has a long-standing relationship with DFA, having been with Community Investment Ventures Holdings (CIVH), of which DFA is a subsidiary, for 17 years – first as CFO and then as CEO.

A CA(SA) who obtained his BCompt Accounting Honours and Certificate in the Theory of Accountancy at Unisa, Cilliers’s financial career spans 26 years. During his tenure at CIVH, he was accountable for financial management, investment analysis, strategic management, and group restructuring, among other responsibilities. Cilliers’s employment history also includes Manager: Corporate Finance at manufacturing and mining company Iscor Limited and Financial Advisor: Tax Planning and Structures at Denel, a corporate holding company.

Reshaad Sha

Executive Director and Chief Strategy Officer

As Chief Strategy Officer at DFA, Reshaad is responsible for corporate strategy, long-term business planning, stakeholder management, sales, and marketing. Reshaad is a strategist by nature who challenges the conventional approach of achieving success both personally and professionally.

He has held various director-level positions primarily in the telecommunications industry, which afforded him the opportunity to work closely with many leading telecommunications operators in the USA, South Africa, across the Middle-East and Africa, Russia, Turkey, and South East Asia. Reshaad has participated in more than one successful continental start-up business where he has gained significant experience in developing and executing on a business strategy.

He has fulfilled various executive roles which included Managing Director of a wholesale voice termination company headquartered in Singapore and Director of Strategy at Cisco where he advised governments and telecommunications operators across the emerging markets. Prior to Cisco, Reshaad worked at Lifetree as Managing Director for the Middle-East, Africa, and Indian Ocean Islands and as Telco Services Director at Protek and LogicaCMG that have all played major roles in the telecommunications OSS and BSS environments across the Middle East and Africa.

Raymond Ndlovu

Non-executive Director

Raymond has garnered extensive corporate and entrepreneurial experience in various fields in the financial services industry, including investment banking, asset management, and stockbroking, since 1998. He has held senior management positions with several organizations, namely Prodigy Asset Management, Metropolitan Life, and Standard Chartered Merchant Bank. He co-founded and was CEO of an institutional stockbroking firm, Noah, for ten years until July 2011.

In 2013, Raymond joined the venture investment division of the Remgro group, Invenfin, as an investment executive, before being reassigned to the parent company, Remgro Limited.

He holds a B Business Studies (Honours) from University of Zimbabwe.

Khudu Pitje

Non-executive Director

Born into an entrepreneurial family and guided at an early age by his late father, HM Pitje, Khudu started his entrepreneurship at the age of seventeen. Unable to secure a bursary, he launched his career with Lindsay Saker in 1994 while studying part time for his CTA, which he obtained in 1999 through the University of SA. Khudu joined PriceWaterhouseCoopers, where he supervised audits of companies such as Nike SA, Otis, University of the Witwatersrand, and African Cables and Carrier SA.

Thereafter, Khudu spent three years with J.P. Morgan SA, two of which were on secondment to the London office, focusing on transactions in the energy, telecommunication and manufacturing sectors. Upon leaving JPMorgan Khudu launched an investment company focusing on micro businesses prior to founding New Gx. The company amongst other investments invested in Alan Dick Telecoms Infrastructure SA, a UK telecom infrastructure business with a presence in SA.

In 2009 he was honoured as a finalist in the Ernst & Young World entrepreneur awards in the ‘Emerging Entrepreneur’ category and sits on the board of numerous companies, many of which are part of the New Gx investment portfolio.

Sipho Makhubela

Non-executive Director

Sipho Makhubela sits on the Board as another representative of NewGx. He has over 17 years’ experience in auditing, structured finance, and private equity investing. After qualifying with Deloitte & Touche, Sipho joined African Merchant Bank as a transactor in the structured finance team. He later joined the structured finance teams of Coronation Capital and Investec Bank. He has been with Harith since 2007 as an Investment Director and is responsible for originating and upraising infrastructure investment. He has led and participated in a range of private and PPP transactions in the ICT, transport, and energy sectors across Africa, resulting in equity investments for PAIDF of more than $200 million. Sipho is a Chartered Accountant (SA) and has an MBA from the University of KwaZulu-Natal.

Joe Madungandaba

Non-executive Director

Born and raised in Atteridgeville, Joe is an accountant by profession and an astute business figure in the commercial world in South Africa. He sits on a number of boards of companies, both listed and unlisted, locally and internationally. He is the recipient of the prestigious Black Management Forum (BMF) Manager of the Year Award and has helped shape government policy on taxation, reconstruction, and development. He has also chaired the Northern chapter of the Association for the Advancement of Black Accountants of Southern Africa (ABASA).

He has studied Commerce at the University of the North (UNISA), Cranfield School of Management (UK), and Wharton Business School (USA). He is a fellow of the Institute of Commercial and Financial Accountants of Southern Africa.

Neo Moshimane

Non-executive Director

Neo was admitted as an attorney in 2002 and her areas of expertise include, inter alia, mergers and acquisitions, equity and debt capital markets and competition law. Neo completed her articles at Webber Wentzel where she worked in the competition law department and went on to work at Absa Bank Limited within the derivatives legal team. Prior to joining Dm5 Incorporated in April 2008, she worked at JPMorgan Chase, Johannesburg as a legal advisor to the corporate finance team. She is a founding partner of Dm5 Incorporated, a black female owned corporate law firm which aims to not only provide legal advisory services but further the interests of women in the legal corporate advisory sector. She has served on the board of directors of South African Express and as a trustee for the Cida Empowerment Trust. She currently is an audit committee member of Lafarge South Africa and is a trustee for G20 Young Entrepreneurs South Africa.

Richard Came

Non-executive Director

Richard is an ICT entrepreneur who has been active in the South African and international market since the 1980s. Some of his notable ventures include cofounding Dimension Data, Dark Fibre Africa, and the Protocol and Archway Venture Partner venture capital funds. He is the chairman of the Tradebridge Group, which supplies value added transaction switching solutions, and he is an active investor in a number of other IT and telecommunciations companies.

Nic Venter

Non-executive Director

Nic has an engineering background and obtained his business management qualification in 1979 from the University of Pretoria. He founded a technology-focused engineering manufacturing company in 1980, and has since been involved in many successful ventures, including that of founder and MD of Dimension Data Telecommunications. In 1999, Nic co-founded the Rock-IT Fund, which delivered superior returns since and has an annual turnover approaching R2 billion. In this group, he has launched and incubated technology ventures, developing them into effectively managed companies. Nic serves on the boards of various private companies and institutions – on many of them as chairperson.

Rudi Jansen

Independent Non-executive Director

Rudi obtained his BCompt Honours degree from Unisa in 1990 and worked for PricewaterhouseCoopers. In 1996, he became Group Management Accountant at MIH Holdings Limited and MCell Limited. Rudi was then appointed head of finance at MWEB, and after a stint as CFO of MIH’s Internet segment, rejoined MWEB as Group CEO SA and Africa, as part of the Multichoice SA executive management team. He resigned in 2012, assumed independent non-executive directorship for the JSE-listed CapeVin Investments Ltd, and serves on the independent investment committee of a private equity fund.

Tamryne Damons

Company Secretary and Executive: Legal and Corporate

Tamryne holds an LLB from the University of KwaZulu-Natal. She is an admitted attorney, conveyancer, and notary public in the High Court of South Africa. She has completed, among other qualifications, the Unisa Advanced Certificate in Corporate and Securities Law, Unisa Programme in Business Management, and courses at the Compliance Institute of South Africa. She is in the process of completing her final board examination at the Institute of Chartered Secretaries.

She practiced for many years as Professional Assistant of Hulley & Associates, and in 2012 moved into the ICT industry as the Legal, Compliance, and Regulatory Officer of Allied Technologies Limited before being promoted to Group Legal Compliance Manager of the JSE listed Allied Electronics Limited. After dipping her toes into the logistics industry as Group Legal Manager of Rohlig-Grindrod, she returned to the ICT sector in 2016 as Executive: Legal and Corporate at DFA. In April 2017 Tamryne’s portfolio as Executive: Legal and Corporate was extended to Company Secretary of DFA.

Tamryne’s experience includes litigation and commercial law, compliance, company secretarial matters, and various major broadband-connectivity-related transactions with provincial government entities.